In a Build-Operate-Transfer (BOT) contract, the asset ownership is transferred to the government:
Choose the correct answer
Before construction begins
Immediately after construction is complete
At the end of the concession period
When the concessionaire recovers 50% of its investment
Correct Answer
C. At the end of the concession period
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BOT sequence: Build (private party constructs) → Operate (private party operates during concession period, typically 15–30 years, to recover investment + profit through tolls/fees) → Transfer (ownership transferred to government at end of concession). BOOT = Build-Own-Operate-Transfer; BOO = no transfer.
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